Streetbeat News

MAPS

WM Technology, Inc.

https://www.weedmaps.com

Industry

Software - Application

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. It also provides WM Business suite of monthly subscription-based software solutions, including WM Orders, WM Dispatch, WM Store, WM Dashboard, integrations, and API platform, as well as access to its WM Retail and WM Exchange products. In addition, the company offers advertising solutions; Sprout, a customer relationship management solution; and Cannveya, a delivery and logistics software solution. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

Open

0.75

Mkt cap

75M

Volume

430K

High

0.81

P/E Ratio

-9.62

52-wk high

1.47

Low

0.75

Div yield

N/A

52-wk low

0.69

Bipartisan House lawmakers have refiled a bill to federally legalize marijuana, the States Reform Act, which was first introduced in 2021. The bill aims to end federal cannabis prohibition and treat marijuana similarly to alcohol. It includes provisions for expungements for non-violent cannabis convictions and imposes an excise tax, the revenue from which would support community reinvestment, law enforcement, and Small Business Administration activities. The bill's prospects of advancing under the GOP-controlled House are uncertain.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 3:26 pm

In Tuesday's pre-market session, several information technology stocks saw significant movement. AgileThought (AGIL), Ascent Solar Technologies (ASTI), Taoping (TAOP), WM Tech (MAPS), Edgio (EGIO), and LG Display Co (LPL) all saw gains, while SAI.TECH Global (SAI), MicroAlgo (MLGO), Remark Hldgs (MARK), Perfect (PERF), Auddia (AUUD), and Presto Automation (PRST) experienced losses.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 1:05 pm

At the Benzinga Cannabis Capital Conference, leaders from Cheech and Chong's Global Holding Company, WM Technology Inc (NASDAQ:MAPS), and Leafly Holdings Inc (NASDAQ:LFLY) discussed their digital strategies. Cheech and Chong's president highlighted the importance of organic social media presence and paid advertising. WM Technology's VP of revenue emphasized storytelling and the use of relaxed advertising policies on platforms like Twitter. Leafly's chief commercial officer stressed understanding the audience and adjusting advertising campaigns accordingly.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 5:57 pm

The U.S. Senate Banking Committee has approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act, which aims to make it safer for legal cannabis businesses to operate. The bill, which has bipartisan support, will now move to the Senate floor for further consideration. The legislation is not seen as a step towards legalization, but rather a means to address the risks associated with the current all-cash model of legal cannabis businesses.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:21 pm

Several information technology stocks experienced significant movement in Monday's after-market session. Notable gainers included Infobird Co, Akerna, Addvantage Technologies, GSE Systems, Aurora Mobile, and WM Tech. On the other hand, My Size, AXT, D-Wave Quantum, MicroAlgo, AgileThought, and Aeva Technologies saw their shares decline.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 9:31 pm

During Monday's intraday session, several IT stocks experienced significant movements. MMTEC, Bit Origin, Glimpse Group, WM Tech, and Akoustis Technologies saw their stocks rise, with increases ranging from 7.33% to 15.5%. On the other hand, MicroAlgo, GSE Systems, XIAO-I, Cemtrex, FOXO Technologies, and Akerna saw their stocks decline, with decreases ranging from 11.72% to 36.6%.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 5:31 pm

The cannabis and psychedelics industry is rapidly evolving with companies introducing innovative products and expanding into new markets. WM Technology, Inc. (NASDAQ:MAPS), Leafly Holdings Inc. (NASDAQ:LFLY), Cresco Labs Inc (OTCQX:CRLBF), and Red Light Holland Corp (OTCQB:TRUFF) are among the companies leading the way. Cresco Labs has launched its FloraCal and Cresco Brands into Florida's cannabis market. The People's Ecosystem has introduced Toci Treats powered by Unlokt technology for release in New Mexico. Entourage Phytolab has launched the Entourage Hemp Extract Liquid Fusionner, and Red Light Holland Corp has partnered with Mistercap LLC to launch organic mushroom grow kits in the US and Canada.

Portfolio Pulse from Joana Scopel

September 22, 2023 | 11:37 pm

During Thursday's intraday session, several information technology stocks experienced significant movements. Notable gainers included Splunk (SPLK), Mercurity Fintech Holding (MFH), ClearSign Technologies (CLIR), Intellinetics (INLX), Atomera (ATOM), and Movella Holdings (MVLA). On the other hand, WM Tech (MAPS), Cemtrex (CETX), My Size (MYSZ), SMX (Security Matters), Verb Tech (VERB), and Cemtrex (CETXP) saw their stocks decline.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 5:31 pm

The article reports on the stock movements in Thursday's mid-day session. Notable gainers include MSP Recovery, Near Intelligence, Murphy Canyon Acquisition, TradeUP Acquisition, Neptune Wellness, Inspire Veterinary Partners, Splunk, Solowin Holdings, AgriFORCE Growing Systems, Movella Holdings, Safe & Green Holdings, The Dixie Group, Calliditas Therapeutics, Applied Molecular Transport, Ainos, and Exscientia. Notable losers include Travere Therapeutics, Seelos Therapeutics, QuantaSing Group, Cazoo Group, Cheche Group, Comera Life Sciences, Mondee Holdings, TKO Group Holdings, Opendoor Technologies, TransCode Therapeutics, LanzaTech Global, WM Technology, CF Acquisition, WW International, ZipRecruiter, 36Kr Holdings, Evotec, Avinger, fuboTV, Affirm Holdings, Charles River Laboratories, Elutia, and Broadcom.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 5:16 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.